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  • *Wants to hold mass Moscow protest in March. Navalny and his brother Oleg were convicted last December of stealing nearly 30 million roubles- nearly $500,000 at the current exchange rate- from two firms, including an affiliate of the French cosmetics company Yves Rocher. a prosecutor said at the appeal at Moscow city court, quoted by state news agency RIA.

  • The White House said the Department of Justice would appeal the decision. The move came after Republicans in the House of Representatives blocked bipartisan legislation that the Senate passed in 2013.. Following Hanen's order, House Speaker John Boehner and Senate Majority Leader Mitch McConnell called on Democrats to allow passage of their DHS bill in the...

  • Feb 17- Philadelphia Energy Solutions, a joint venture part owned by Carlyle Group LP, filed with U.S. regulators for an initial public offering. The company, which operates the largest refinery on the U.S. East Coast, said BofA Merrill Lynch and Credit Suisse were underwriting the IPO. The filing had a nominal fundraising target of $100 million.

  • *Kering says Puma not for sale, Sergio Rossi under review. PARIS, Feb 17- The first tangible signs of Gucci's turnaround under its new creative and management duo will appear only in the second half of this year, parent Kering said on Tuesday after its flagship luxury brand posted lower full-year profits. Gucci is under new management after Kering sacked Patrizio...

  • FRANKFURT, Feb 17- The European Central Bank is unlikely to pull the plug on emergency funding for Greek banks this week despite a standoff between Athens and its international lenders, a person familiar with the situation said. Provision of the ELA funding is essential to the survival of Greece's banking sector, and hence to the country's continued membership...

  • CAIRO, Feb 17- Half the projects Egypt will propose at a March investment summit will be in the energy sector, the minister of international cooperation said on Tuesday. In January alone, Egypt clinched 15 new exploration deals, amended two more, and closed major tenders to import liquefied natural gas from Algeria to Russia, opening up to global energy pricing...

  • *Investors watching situations in Greece, Ukraine. NEW YORK, Feb 17- U.S. stocks edged lower on Tuesday, with the S&P 500 pulling back from record levels as investors continued to grapple with the uncertainty over a Greek debt deal and a fragile Ukraine truce. Much of the advance came on signs of progress for the debt deal in Greece, as well as reduced tension between...

  • SEVERAL EXPLOSIONS, GUNFIRE AT OPPOSITION APC RALLY IN SOUTHERN NIGERIA'S OIL PRODUCING RIVERS STATE- APC GOVERNOR ROTIMI AMAECHI.

  • Feb 17- CVS Health Corp, the second-largest U.S. pharmacy chain operator, has warned that a new class of drugs being developed to lower "bad" cholesterol could cost the U.S. healthcare system as much as $150 billion per year. The new class of cholesterol drugs called PCSK9 inhibitors could be priced in the range of $7,000- $12,000 per year, CVS said.

  • Feb 17- Goodyear Tire& Rubber Co, the largest U.S. tire maker, reported a slightly better-than-expected quarterly profit, helped by lower rubber and oil prices. The company, whose brands include Goodyear, Dunlop, Sava and Fulda, said its cost of sales fell 9 percent in the fourth quarter compared with the same quarter of 2013.. Goodyear, whose shares rose more than 4...

  • Tsipras says Greece will not compromise with euro zone Tuesday, 17 Feb 2015 | 9:43 AM ET

    ATHENS, Feb 17- Greek Prime Minister Alexis Tsipras said on Tuesday that his government was in no hurry to reach a deal with the euro zone on its election promises to end to austerity and would not compromise. "There has been a custom that newly elected governments act differently from their pre-election promises. Tispras also accused German Finance Minister...

  • PARIS, Feb 17- The French government said on Tuesday it could pass President Francois Hollande's economic reform bill by decree, removing the risk of it being blocked by a backbench rebellion. The reform package is needed to persuade the European Commission to give Paris more time to get its public finances into line with EU rules. A government source said Prime...

  • NEW YORK, Feb 17- U.S. stocks opened flat on Tuesday, the first trading session after the S&P 500 closed at a record high, although investors continued to watch the uncertainty over a Greek debt deal and a fragile Ukraine truce.

  • DUBLIN, Feb 17- Ireland is to proceed with plans for a law requiring tobacco companies to sell cigarettes in plain packets, legislation that has prompted a threat of legal action from Japan Tobacco International. Ireland said in 2013 it wanted to become the first country in the European Union to ban branding on cigarette packages. Australia introduced a ban a few...

  • Feb 17- A CSX Corp oil train that derailed and erupted in flames in West Virginia on Monday was hauling newer model tank cars, not the older versions widely criticized for being prone to puncture, the firm said. The train, which was carrying North Dakota crude to an oil depot in Yorktown, Virginia, derailed in a small town 33 miles southeast of Charleston.

  • FRANKFURT, Feb 17- There should be no sudden end to the European Central Bank's approval of emergency funding for Greek banks expected this week, a person familiar with the situation said. The ECB's Governing Council meets on Wednesday and will review the provision of so-called Emergency Liquidity Assistance to Greek banks, with Greece at loggerheads with...

  • MOSCOW, Feb 17- Russia regards the breach of a covenant on Ukrainian Eurobonds purchased by Russia as "force majeure," Deputy Finance Minister Sergei Storchak said on Tuesday, Interfax news agency reported. The change in the rate of the hryvnia has entirely changed the model of calculation, "he said, reiterating that Russia did not intend to demand early redemption...

  • Feb 17- Activist investor H Partners Management LLC said it is seeking the immediate ouster of Tempur Sealy International Inc Chief Executive Mark Sarvary, citing concerns about the bedding company's missed financial forecasts and stock performance. Tempur Sealy has rebuffed the fund's earlier attempts to secure a seat on the mattress maker's board, H...

  • NEW YORK, Feb 17- Mohamed El-Erian, chief economic adviser at Allianz SE, said Tuesday that Ukraine and Greece are major market risks, but that the biggest risk is the "illusion of liquidity." "The biggest risk is this illusion of liquidity," El-Erian told cable television network CNBC. " El-Erian also said that, while the risks surrounding Greece's finances and...

  • TORONTO, Feb 17- Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee and doughnut chain Tim Hortons last year, saw higher quarterly sales growth at both brands, but posted a net loss due to one-time costs related to the merger. "Whenever you do a transaction like that, there's going to be a lot of one-time fees," Restaurant...